RMG Acquisition Total Debt vs. Cash And Equivalents
| RMGCDelisted Stock | USD 9.75 0.00 0.00% |
For RMG Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RMG Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RMG Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RMG Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RMG Acquisition Corp over time as well as its relative position and ranking within its peers.
RMG |
RMG Acquisition Corp Cash And Equivalents vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RMG Acquisition's current stock value. Our valuation model uses many indicators to compare RMG Acquisition value to that of its competitors to determine the firm's financial worth. RMG Acquisition Corp is rated below average in total debt category among its peers. It is rated below average in cash and equivalents category among its peers creating about 0.28 of Cash And Equivalents per Total Debt. The ratio of Total Debt to Cash And Equivalents for RMG Acquisition Corp is roughly 3.59 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RMG Acquisition's earnings, one of the primary drivers of an investment's value.RMG Total Debt vs. Competition
RMG Acquisition Corp is rated below average in total debt category among its peers. Total debt of Financials industry is at this time estimated at about 13.79 Million. RMG Acquisition holds roughly 500,000 in total debt claiming about 4% of equities under Financials industry.
RMG Cash And Equivalents vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
RMG Acquisition |
| = | 500 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
RMG Acquisition |
| = | 139.2 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
RMG Cash And Equivalents Comparison
RMG Acquisition is currently under evaluation in cash and equivalents category among its peers.
RMG Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RMG Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RMG Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of RMG Acquisition's change in net profit over the period of time. It can combine multiple indicators of RMG Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Miami Beach, Florida. Rmg Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
RMG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RMG Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of RMG Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the RMG Acquisition's important profitability drivers and their relationship over time.
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Other Consideration for investing in RMG Stock
If you are still planning to invest in RMG Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the RMG Acquisition's history and understand the potential risks before investing.
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